Overview
While the markets have been struggling for a good four years, we could have seen it coming, and perhaps even should have. But, there's still much to be done to improve positions and save the retirement fund from complete disaster. The secret is in identifying the Triple Waterfall. Don Coxe, chairman and chief investment strategist at Harris Investment Management, has uncovered the Triple Waterfall Effect. From the stock market crash of 1929 to the gold and oil crashes of the late 1970s to the tech crash of 2000, the signs are the same. ""Triple Waterfall"" is a term used by technical analysts to describe a catastrophic market collapse, which always occurs in three cascades. Today, we're still in the final leg of the latest triple waterfall - we're not out of the woods yet. The New Reality of Wall Street shows investors what happened, and how to get out of the mess. The New Reality of Wall Street takes a commonsense approach to rebuilding your portfolio, despite the fact that the third leg of the triple waterfall still has a strong future in front of it. But the news is not all bad. The global economy, led by Asia, is in a new growth cycle, and investment opportunities abound. For investors who know where to look, and keep their wits about them, there are ways to bolster their portfolios despite the gloom and doom. In this timely guide, readers will find helpful information that reveals much about how the markets got to where they are today, where they are headed tomorrow, and what do to in the meantime. Don Coxe explains key topics such as: * What folly merely prolongs the agony * How Triple Waterfalls define major trends in capital spending and investing, creating the seeds of their own destruction. * How much will you need to retire and how can you get there in a post-Triple Waterfall market The New Reality of Wall Street takes a well-needed rational approach to what went wrong and how to overcome those faults and troubles in order to recoup losses, build retirement savings, and sleep well regardless of the markets.
Full Product Details
Author: Donald Coxe
Publisher: McGraw-Hill Education - Europe
Imprint: McGraw-Hill Inc.,US
Edition: New edition
ISBN: 9780071450911
ISBN 10: 0071450912
Pages: 276
Publication Date: 17 December 2004
Audience:
Professional and scholarly
,
General/trade
,
Professional & Vocational
,
General
Format: Paperback
Publisher's Status: Active
Availability: Out of print, replaced by POD
We will order this item for you from a manufatured on demand supplier.
Reviews
Coxe has a flair for analyzing markets, and readers will agree with many of his salient points. --Library Journal
""Coxe has a flair for analyzing markets, and readers will agree with many of his salient points."" --Library Journal""
Author Information
McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide
